Russian oil companies are drilling this year in a way they haven't done for at least five years. Sanctions did not prevent us ...

Russia is accelerating new oil well drilling to the fastest pace in five years, showing resilience to Western sanctions despite a recent decline in oil prices.

Donald Trump’s trade war scared the entire world and drove the price of oil to a record low level. A barrel promises to ...

Russia's oil producers have been drilling at a pace not seen in at least five years as the nation readies for both a ...

In 2025, energy markets aren’t reacting to policy—they’re reacting to chaos. Igor Isaev, Doctor of Technical Sciences and ...

The ministry also cut its forecast for 2025 Russian oil production to 516 million tons (10.32 million barrels per day), flat year-on-year and down from an earlier forecast of 518.6 million tons ...

MOSCOW, April 22. /TASS/. Oil and condensate production of Lukoil net of the West Qurna 2 project dropped by 2.6% year on year to 80.4 mln metric tons, the Russian oil producer reports.

MOSCOW - Russian President Vladimir Putin urged his economic officials on Thursday to take advantage of opportunities arising ...

Ukraine's state and oil gas company Naftogaz has restored 50% of its gas production capacity damaged in Russian long-range strikes this February, Roman Chumak, the company's CEO, said on Wednesday.

Crude oil traders appear to have quickly recovered from worries about rising interest rates, while shifting their focus to tighter supply due to Russian production cuts. Meanwhile, helping to ...

Its oil and gas condensate production reached 8.95 million metric ... prompted by an oil product spill following the sinking of a Russian tanker in the Kerch Strait in December.

Russian oil comprised about 35% of India's total crude ... Organization of the Petroleum Exporting Countries would ramp up production to make up for any drop in Russian exports, analysts said.